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Loan Modification
: Mortgage Lender Implode-o-MeterLodi woman indicted in mortgage scheme that resulted in $5.5 million in foreclosures
By Implode-Explode Heavy Industries
"A Lodi woman faces federal charges of mail fraud, conspiracy and making false statements in a mortgage scheme that resulted in $5.5 million worth of home foreclosures.
Tracy Painter, 50, was released on $100,000 bond posted Tuesday afternoon by her parents, according to federal court records.
She was one of 10 people indicted last week by a federal grand jury. The indictment was unsealed Tuesday and announced Wednesday by the U.S. Attorney's Office in Sacramento."
Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2010 (boomark / email).
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